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Dec 13, 2012
12/12
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let's check in with sandy cutler the ceo of eaton. welcome back to "mad money." >> good evening, jim. best wishes for the holidays. >> same to you. same to you. i think your company now is just an electric and power management company with other businesses. the reason i put it like that is because that is one of the fastest-growing businesses in the world, electrical power management. while the others are still important, i think that the growth of the company is this new-formed division. am i reading it too close to cooper and not enough to the vast panoply of your company? >> we still think the whole broad array of businesses we have that are all profiting from this global trend of increasingly efficient use of energy is still the big game for eaton. no question the cooper acquisition means about 60% of our revenue using 2011 pro formas will be in electrical. about another 20% in aerospace and hydraulics. about 80% of the business in those newer businesses for eaton. >> when i look at cooper i see terrific clients. you've got chevro
let's check in with sandy cutler the ceo of eaton. welcome back to "mad money." >> good evening, jim. best wishes for the holidays. >> same to you. same to you. i think your company now is just an electric and power management company with other businesses. the reason i put it like that is because that is one of the fastest-growing businesses in the world, electrical power management. while the others are still important, i think that the growth of the company is this...
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Dec 13, 2012
12/12
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and they have a sandy kicker. it is the number one manufacturer of portable generat generators, and they only account for 10% of company sales, but they have an easy to operate product, and when millions lost power for days or weeks after hurricane sandy, you better believe just about everybody stuck in that situation want wished they had a generator. i think these people will not allow themselves to be caught without power again which is why i bet portable generators will be a staple of hurricane preparedness, like candles and flashlights and batteries. very good news for briggs & stratton. let's get a closer look with todd teske, the president and ceo of briggs & stratton. find out more about his company and where it's headed. welcome to "mad money". >> great to be here, jim. thanks. >> we can't have any illusions. hurricane sandy, generators are important, you are primarily lawn and garden. we have a great housing market, interrupted by periods of drought and bad weather. where we are in not just the last seaso
and they have a sandy kicker. it is the number one manufacturer of portable generat generators, and they only account for 10% of company sales, but they have an easy to operate product, and when millions lost power for days or weeks after hurricane sandy, you better believe just about everybody stuck in that situation want wished they had a generator. i think these people will not allow themselves to be caught without power again which is why i bet portable generators will be a staple of...
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Dec 13, 2012
12/12
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CURRENT
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congressman sandy levin from michigan in studio, not hurricane sandy congressman sandy leen in studio. >> big difference. >> bill: top of the next hour here. we're talking energy issues, john kerry bringing global warming maybe to the state department. with coral davenport from "national journal." we'll get back to our conversation and your calls in just a second. with the holidays here, now is a great time for you to visit tryancestry.com and join me in this incredible journey of discovering your family's roots. probably heard me say i was able thanks to ancestry.com and their -- what was it? 10 or 14 billion historical documents online, i've been able to trace my family from delaware city delaware to salem new jersey and all the way across the pond to latvia to riga in latvia. now is the time to get into this. when your family gets together for your holiday fun you'll be able to share your discoveries. start today. share my incredible experience by visiting ancestry.com. see what you can discover with two weeks free. that's what they'll offer two weeks free. start your journey today
congressman sandy levin from michigan in studio, not hurricane sandy congressman sandy leen in studio. >> big difference. >> bill: top of the next hour here. we're talking energy issues, john kerry bringing global warming maybe to the state department. with coral davenport from "national journal." we'll get back to our conversation and your calls in just a second. with the holidays here, now is a great time for you to visit tryancestry.com and join me in this incredible...
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Dec 13, 2012
12/12
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CNBC
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that's in the range. 400 we thought was sandy. and now going down below 350 i think some economists, you know what, maybe the job market is a little bit better than we expected. the real disconnect that's out there, andrew, is we've reduced capital spending but not hiring. >> right. >> usually those things work together when they cut cap-ex they also cut workers to go along with that. they seem to have cut cap-ex on maybe a temporary, i'm worried about the fiscal cliff basis, but kept their employees on board. that seems to be the case right now. and presents the possibility of making some progress. >> they come back with some more cap-ex then we've got a shot -- >> did we get rick to talk about the fed yesterday? time for a -- some wisdom from rick? >> i'm here. >> rick, so what did you make of that? do you understand what policy is now? before you tell me how much you disagree with it, i just want to know if you understand it. >> do you understand it? >> no, i don't. i don't. i wanted to see if we were simpatico on that story. >
that's in the range. 400 we thought was sandy. and now going down below 350 i think some economists, you know what, maybe the job market is a little bit better than we expected. the real disconnect that's out there, andrew, is we've reduced capital spending but not hiring. >> right. >> usually those things work together when they cut cap-ex they also cut workers to go along with that. they seem to have cut cap-ex on maybe a temporary, i'm worried about the fiscal cliff basis, but...
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Dec 13, 2012
12/12
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KPIX
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sandy damage estimates top $80 billion. hopefully that helped some of the folks. >> i'm sure they raised a lot of money. >> i had a chance to see bruce springsteen many years ago and what a concert that man puts on. wasn't a big fof his before. now love the boss. >>> cold temperatures and tides running very high. the king tides we are seeing an astronomical high tide with the sun and moon lining up just right. expecting that to peek out again this morning. it will peak out this morning and then low tides this afternoon. the main weather story with cold temperatures outside. we had showers yesterday. cold air from the gulf of alaska over the bay area dropping temperatures. out the door a frosty start to the day in many of the valleys. by the afternoon, mostly sunny and cool. there are more storms lining up on the horizon, more rain expected into tomorrow, as well. and maybe over the week. outside cloudy over the bay. temperatures very chilly in spots. 35 degrees in livermore. still holding steady just above freezing at 33 in
sandy damage estimates top $80 billion. hopefully that helped some of the folks. >> i'm sure they raised a lot of money. >> i had a chance to see bruce springsteen many years ago and what a concert that man puts on. wasn't a big fof his before. now love the boss. >>> cold temperatures and tides running very high. the king tides we are seeing an astronomical high tide with the sun and moon lining up just right. expecting that to peek out again this morning. it will peak out...
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Dec 13, 2012
12/12
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CSPAN
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hurricane sandy was devastating. the hudson river spilled into hoboken from both the north and the south. more than half of the city was flooded. three of the four firehouses and more than 7000 homes were flooded. we estimate the total damage at well over $100 million. thankfully, our main street did not flood and is open for business. even the businesses that did not flood have been severely impacted by one of our principal means of transportation to new york. the train has been flooded and still has not been restored. this is due to the difficulty of getting to and from the city. some were forced to operate at an alternate location as they tried to navigate the insurance got lead. the national flood insurance program is not designed to meet the needs of the urban environment. there is a fundamental unfairness that i respectfully ask congress to try to address. there forced to purchase flood insurance by their mortgage companies. the program treat garden style businesses as if they were basements. the direct uninsur
hurricane sandy was devastating. the hudson river spilled into hoboken from both the north and the south. more than half of the city was flooded. three of the four firehouses and more than 7000 homes were flooded. we estimate the total damage at well over $100 million. thankfully, our main street did not flood and is open for business. even the businesses that did not flood have been severely impacted by one of our principal means of transportation to new york. the train has been flooded and...
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Dec 13, 2012
12/12
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MSNBCW
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it was a remarkable night and they raised all that money, mika, unbelievable amounts for sandy. >> very nice. that's wonderful. >> it was a jersey reunion. >> it was. chris christie. >> springsteen. bon jovi and chris christie. >> yeah. >> and jon stewart. >> and jon stewart, yes, the quartet. there's clapton, eddie vedder. it really was a remarkable -- >> in tickets alone, they raised $30 million. not bad. so we'll have more of that coming throughout the show. no, you will not have that. >> i know. >> come on, joe, you were doing so well. what is wrong with you? that's gross. that's basically -- >> that looks so good. >> -- there is nothing good about that for you. >> fight the power. fight the power. >> that is disgusting. >> this hurts me? >> yeah, you are hurting your body. >> are you hurting? does it hurt? how's it feel going down? >> feel the pain. >> let me -- let me listen to my body. >> now you will develop a craving for it. >> you're right. >> every day. >> and i've got to admit, it doesn't hurt. >> no, that's not worth it. >> i'm listening to my body. >> these are not worth i
it was a remarkable night and they raised all that money, mika, unbelievable amounts for sandy. >> very nice. that's wonderful. >> it was a jersey reunion. >> it was. chris christie. >> springsteen. bon jovi and chris christie. >> yeah. >> and jon stewart. >> and jon stewart, yes, the quartet. there's clapton, eddie vedder. it really was a remarkable -- >> in tickets alone, they raised $30 million. not bad. so we'll have more of that coming...
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Dec 13, 2012
12/12
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CURRENT
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asking congress for $64 billion for emergency aide to help states rebuild in the aftermath of hurricane sandy. they will take a vote on it today, but republicans are pursuing a much slower give the money as it is needed approach. the states will spend about $9 billion in 2013 and the rest will be divided fairly evenly over the last two years. last night's 1212 benefit concert raised money for poverty in the area. and while congress is waiting on the president and house speaker john boehner to come to some sort of deal to avert the fiscal cliff it is keeping busy with other business. it is passing the no fly act to allow them to determine which luggage will be rescreened. most bags with checked a second time and that leads to a lot of people missing their flights. we're back after the break. you know who's coming on to me now? you know the kind of guys who do like verse mortgage commercials? those types are coming on to me all the time now. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what
asking congress for $64 billion for emergency aide to help states rebuild in the aftermath of hurricane sandy. they will take a vote on it today, but republicans are pursuing a much slower give the money as it is needed approach. the states will spend about $9 billion in 2013 and the rest will be divided fairly evenly over the last two years. last night's 1212 benefit concert raised money for poverty in the area. and while congress is waiting on the president and house speaker john boehner to...
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Dec 13, 2012
12/12
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CNBC
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eye 179
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it really back -- sandy seems to not knocked out the economy. it is 'cause of companies like this okay? and eog can only be stopped, our companies can only be stopped by hiring by one group of people, the people in washington, because this bountiful fracing technology story, which i know the sierra club may not be in favor of, if you want to hire people this industry is higher, he is building rails all over, he is building a rail down to here, putting real people to work, that's why the claims are not bad but without a deal, these executives, behind scenes, they will tell you. this doesn't matter, without a deal. >> oil more than natural gas but all know natural gas is also fueling employment increases as a result of some manufacturing. not that much. fertilizer. chemicals. >> chemical industry. this is one of those things were i think there's so much spending that could be on hold by corporations, simply because the government won't cut spending. so i bring up eog as the par crime dime of our new american society, not apple bringing -- doing --
it really back -- sandy seems to not knocked out the economy. it is 'cause of companies like this okay? and eog can only be stopped, our companies can only be stopped by hiring by one group of people, the people in washington, because this bountiful fracing technology story, which i know the sierra club may not be in favor of, if you want to hire people this industry is higher, he is building rails all over, he is building a rail down to here, putting real people to work, that's why the claims...